EXTRACTS OF MINUTES

OF THE 16th/17.06.2021 MEETING OF THE BOARD OF DIRECTORS

Item:  Approval of the Business Plan of HEDNO S.A. for the period between 2021 - 2028.

The Board of Directors approved the Business Plan of HEDNO S.A. for the period between 2021 - 2028.

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Item:  Tender no. 501002/31.7.2020 for the supply of impregnated wooden poles with water-soluble preservatives.

– The tender for the procurement of the above items has been canceled.

- Validation of the results of the above-mentioned tender and assignment for the supply of the remaining units listed under the same item.

The Board of Directors approved the following:

  1. The partial cancellation of tender no. 501002/31.7.2020 for the supply of 978 items of wooden poles with water-soluble preservatives, given that the quantity requested for items 14M and 12B was not met. More specifically, the offer received included 180 fewer items for the 14M category and 798 fewer items for the 12B category.
  2. The validation of the results of tender no. 501002/31.7.2020 for the supply of 49,026 items of wooden poles with water-soluble preservatives.
  3. The selection as provisional contractors for these quantities of:
  • economic operator ISSAAKIDIS S.A. For 33,988 items of wooden poles with water-soluble preservatives of various categories, for the total price of EUR 7,871,680.00 (plus VAT)
  • economic operator KIRIAKOS EMPORIADIS SINGLE MEMBER with distinctive title “BIONRGWOOD” for 15,038 items of wooden poles with water-soluble preservatives of various categories, for the total price of EUR 4,402,886.40 (plus VAT).

The total value of the aforementioned quantities amounts to EUR 12,274,566.40 (plus VAT).

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